Anubhav Plast has kicked off its initial public offering with significant momentum, reaching a 93% subscription rate within the first day of bidding. The company is seeking to raise ₹24 crore to drive its upcoming expansion initiatives.
The price band for the offering is established between ₹77 and ₹80 per share. Market participants have until June 23 to submit their applications as the window for this SME platform listing remains open.
Following the conclusion of the bidding process, the company will finalize share allotments on June 24. Investors should mark their calendars for June 29, the anticipated date for the stock's official debut on the BSE SME exchange.
Key IPO Details:
- Price Range: ₹77 - ₹80
- Objective: Capital for business expansion
- Listing Platform: BSE SME
